$APP (-2,91 %) crushes Q3 2024
Sales 1.2B vs 1.13B expected 🟢
Adjusted EBITDA: 722M vs 645M expected 🟢
Net income: 434M vs 322M expected 🟢
Outlook Q4 2024:
Sales 1.25B vs 1.18B expected 🟢
Adjusted EBITDA: 750M vs 667M expected 🟢
Main driver is the fast-growing and profitable software platform
Margins are literally exploding thanks to the software share (advertising platform)
